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Which inventory method results in the highest net income during periods of rising prices? a. LIFO b. Weighted average c. FIFO d. Specific identification
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Which inventory method results in the highest net income during periods of rising prices?

a. LIFO
b. Weighted average
c. FIFO
d. Specific identification

User Atamata
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13 votes
The answer is c. FIFO
User Rajdeep D
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